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Response to sale of my house due to going into long term care
from Rick (Ducatiric@yahoo.co.uk)
As I understand the system, if you have to go into care and do not
have £16,000 cash or equivalent your local authority has to pay for
your care - they cannot force you to sell your home. BUT when your
estate finally does sell your house the local authority can reclaim
the money it has spent on you residential care against your estate.
It may be that retaining the profit and benefiting from the possible
capital gain might be worth considering. It would definitely be
worth looking at the Age Concern website and/or visiting the local
office for some advice as they are used to dealing with this issue.
Good luck.
(posted 8547 days ago)
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